Federal credit union to open office in Roland Park Shopping Center

Securityplus FCU, a 32,000-member, nonprofit federal credit union with more than $300 million in assets, is opening an office April 25 in the Roland Park Shopping Center.

The credit union has posted a sign in the window of its new space, between Bank of America and the clothier Eddie Jacobs, announcing that it is coming.

The plans were confirmed by Richard Williams Jr., chief executive officer of Securityplus.

The full-service branch will have five employees and specialize in "a more personalized banking experience," featuring an Internet cafe station and special pod stations that negate the need for a traditional teller window that separates staff from members.

"Our new branch will make it easier for our growing membership to do business with us," Michael Turner, the Roland Park branch manager, said in a press release April 2.

Turner promised to "bring a personal touch back to the banking experience."

Other amenities will include a 24-hour ATM for the public, in the credit union's vestibule. Hours of operation are 8:30 a.m. to 4 p.m., Monday through Thursday; 8:30 a.m. to 6 p.m. on Friday; and 9 a.m. to 1 p.m. on Saturday.

Securityplus, a financial service cooperative, was founded in 1938 to serve employees of the Social Security Administration, according to the press release. But Williams said that as the credit union "evolved" and expanded to serve the general public, he wanted a presence in Baltimore City, in a central location.

The addition of the credit union brings the occupancy rate of the historic shopping center to 98 percent, said Allison Parker-Abromitis, spokeswoman for the Foreman Wolf Restaurant Group, which owns upscale bistro Petit Louis in the center.

Restaurateur Tony Foreman, of Roland Park, who operates Petit Louis with chef Cindy Wolf, is planning to open a second restaurant at a lower price point in the building in the center, where Roland Park Bakery & Deli used to be.

"We're well into construction," Parker-Abromitis said April 2. "Probably, we are on track for early summer."

The timetable for completion of the project was pushed back from spring to summer because the old deli building was structurally unsound.

Baltimore City's preservation board, the Commission for Historic and Architectural Preservation, or CHAP, last week approved plans to "dismantle and rebuild" that part of the shopping center, with a new foundation and mostly new plumbing and pipes, Parker-Abromitis said.

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